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Goal:
To apply what’s learned to your personal financial decisions
To asses your or other’s investor profile and find matching investment strategies (for example, asset allocation strategy and mutual fund selection strategy)
Instruction:
Read these two articles to gain more understanding about asset allocation and why it is important.
A Concise Guide to Asset Allocation. (https://www.lynalden.com/asset-allocation/)
Asset Allocation by Age (https://smartasset.com/investing/asset-allocation-by-age)
Download two investor questionnaires: Merrill Lynch’s and Charles SCHWAB’s.
(https://olui2.fs.ml.com/Publish/Content/application/pdf/GWMOL/Investor-Profile-Questionnaire.pdf).
(https://www.schwab.com/resource/investment-questionnaire)
These two questionnaires are designed for the same purpose but by different financial firms.
Complete each questionnaire entirely by answering the questions, calculating the total score, and picking the fitting asset allocation strategy.
Compare the asset allocation strategy selected from each questionnaire to see if they match.
If they do, it is a confirmation. You can consider adopt it for your (or the person’s) future investment strategies
If they don’t match, you can use them as reference and create your own asset mix that best fit your investment goal and time horizon.
In a Word file,
Describe your risk tolerance level and your investment time horizon,
Based on the result from the two questionnaire, summarize your risk tolerance level, investor type, and the asset allocation pie suggested by each questionnaire result
Investment Planning:
Construct your asset allocation mix, using the questionnaire results AND the two readings.
Indicate the total amount of fund do you (or the person of choice) plan to invest NOW, and how much do you plan to add in each year
How often do you plan to adjust your asset allocation over time? Will you modify it in response to the changes in stock market condition, business cycle, or/and life events and age? If so, what will be the new asset allocation mix under each described situation? Provide two examples of those.
Submit the Word file and the two questionnaire result pages to the assignment’s submission box.

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